Jombay

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Jombay - overview

Established

2010

Location

Pune, -, India

Primary Industry

Software

About

Jombay is a company providing advanced assessment and development tools aimed at enhancing leadership capabilities within organizations, focusing on effective talent management and development strategies. Founded in 2010, Jombay operates from Pune, India, focusing on developing assessment tools for leadership and managerial effectiveness. The company has closed 3 funding deals, with its latest funding round occurring on August 14, 2019, where it raised INR 24. 41 million.


Mohit Gundecha and Suruchi Wagh co-founded Jombay, with Gundecha currently serving as CEO. The company has not reported any changes in its business strategy or operations since its inception. Jombay specializes in providing advanced assessment and development tools designed to identify, cultivate, and engage effective managers and leaders within organizations. Its offerings include proprietary assessment centers and development programs that utilize methodologies to evaluate leadership potential and management capabilities.


Serving a diverse clientele, including Fortune 500 companies, Jombay leverages data-driven insights to facilitate targeted talent development strategies, enhancing organizational performance across North America, Europe, and Asia. In the most recent year of 2023, Jombay reported revenue of INR 2,358,378. 90 and EBITDA of INR 213,079. 60.


The company generates revenue primarily through subscription-based services and partnerships, engaging clients in multi-year agreements for access to its suite of tools and programs. This structured pricing model is designed to support organizations of various sizes, fostering long-term relationships and creating a sustainable revenue stream. Jombay aims to enhance its offerings by developing new products focused on advanced talent assessment methodologies. The company is also planning to expand its market presence in North America and Europe by the end of 2024.


The recent funding round of INR 24. 41 million will support these initiatives, focused on product development and market expansion efforts.


Current Investors

Nirvana Venture Advisors

Primary Industry

Software

Sub Industries

Consulting Services, Education & Training Website, Analytics & Performance Software, Education & Training Software, HR & Workforce Software

Website

www.jombay.com

Verticals

Virtual Reality (VR)

Company Stage

Series A

Total Amount Raised

Subscriber access only

Jombay - timeline of key events

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Jombay - financials

Fiscal Year EndedMar 31, 2012Mar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)--3,049,8228,416,87124,434,28643,563,68290,406,868120,672,049139,367,369---
% Revenue Growth (YoY)---176.0%190.3%78.3%107.5%33.5%15.5%---
EBITDA (USD)--(11,186,587.5)(10,911,580.1)(7,508,853)(67,405)9,255,85111,320,0481,081,223---
Operating Income (USD)--(11,920,807.5)(11,629,654.1)(7,960,404)(792,729)8,137,1289,899,578(215,090)---
Operating Margin--(390.9%)(138.2%)(32.6%)(1.8%)9.0%8.2%(0.2%)---
% EBITDA Margin--(366.8%)(129.6%)(30.7%)(0.2%)10.2%9.4%0.8%---
NET Income (USD)(7,912,061)(19,267,834)(7,968,482.2)(3,482,593.3)(9,049,324)2,749,8235,196,9078,303,344(707,616)---
% Net Margin--(261.3%)(41.4%)(37.0%)6.3%5.7%6.9%(0.5%)---

Jombay - employee data

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